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, reduced spending on the wars in afghanistan and iraq and through targeted cuts to mandatory spending. it doesn't raise taxes and it doesn't touch medicare, medicaid or social security. again, this is not a perfect plan. i have been on the floor many times in favor of a balanced package that includes cuts to spending, domestic, defense and mandatory, but also includes increased revenues. the reid princess plan doesn't e those goals -- the reid plan doesn't achieve those goals but i hope we will get there eventually. this is not a proposal i would have written, but i'm one of more than 100 members of the senate and more than 535 members of congress, and i don't get everything i want. none of us here in congress get everything we want. that's the nature of compromise. that's the nature of democracy, and that's why the framers of the constitution created checks and balances in government. that's why they created two chambers in congress and three branches of government, and when you're a leader in government, you just don't have the luxury of drawing a line in the sand and walking away.
drawing down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of the plan that we've been operating on for a long time. $150 billion for the war is not baseline expenditure of the united states. it was never projected to continue at that level, so hopefully we could bring it below $50 billion. maybe we went get to $50 billion. i don't know. but what is the reasonable estimate? i think the house republicans and the president said it would drop to $50 billion, and that would be the baseline out there for the rest of the time. that's $1 trillion. that's $1 trillion. so you take $1 trillion out of the $2.7 trillion, you're down to $1.7 trillion. and another thing that's scored in that, since that $1 trillion in war costs is scored the way mr. reid scored that, which is ph
of the war in afghanistan, which is what we're going to spend over the next four years? now there is a good cut that we ought to make. with that i yield back. the speaker pro tempore: for what purpose does the gentleman from tennessee rise? >> ask unanimous consent to address the house. the speaker pro tempore: without objection. mr. roe: thank you, madam speaker. i rise today to recognize a true american hero, private first class joe immediate. private class meed was a member of mike company third battalion, 26th marines. he died in vietnam when his battalion was fightin while carrng a wounded comrade to a wounded helicopter, he stepped on a land mine and was killed. he was on a -- he was only 19 at the time. in recognition of his valor he was awarded the silver star. dwayne crawford, his former commanding officer who recently founded a scholarship in his officer, had these words to say about joe's actions. with total disregard for his own life, he continually exposed himself to danger by administering first aid to his wounded comrades. offering them comforting words and helping them to me
there, as little afghanistan's. so a year ago al-shabaab conducted the first attacks, actually outside of somalia. they killed 76 people, including one american in uganda. so there's a growing concern that al-shabaab leaders are striving to strike targets, not just beyond somalia now, but beyond africa. a european plot was recently uncovered. it was in the works and it was uncovered. so links between al-shabaab and al qaeda in the arabian peninsula, the most active of all of the al qaeda franchises, are becoming clearer and clearer to us in the united states. they are communicating more about operations. they are working together on training. they are working together on tactics. the bomb making capability that al qaeda has, the expertise that they have there is being combined with al-shabaab's recruits. and these recruits frequently have western passports. many of them have u.s. passports. this is quite a deadly combination. and that's why last month, then cia director panetta called al-shabaab's threat to the u.s. homeland in his words significant and on the rise. u.s. forces have be
though some would argue that it's the iraq and afghanistan war winddown savings that you would get, but whatever it is, it is larger than the house proposal and use that as the first cut by lifting the debt ceiling. but there would be a sequence of events that would happen after that to avoid what the senate democrats do not want, that the markets and the rating agencies cause the debt instruments, the u.s. treasury bills, to be downgraded, there needs to be certainty for those rating agencies for the united states government debt. and it could be achieved this way. that you have a brac-like committee, that being a committee that would be composed equally of republicans and democrats that would come up with a package that would then come back to each house, no amendments, up-or-down vote. but that the fail-safe backup in case that that committee were not able to come to agreement, or in the event that it came back to both houses and one of the houses did not pass it, that you would then have the mcconnell proposal which is that the president would request the increase of the debt a
the following. you could eliminate all the bush/obama tax cuts. you could pull out of iraq, afghanistan and southwest asia tomorrow. you could end up eliminating all congressional earmarks and you could eliminate all foreign aid which people think is a big number but it's not, that's about 15 to 20% of the problem. the government has grown too big, promised too much, waited too long to restructure. yes, we're going to have to have more revenues as compared to historical levels but we need to go about it in an intelligent way that will make our system fairer, more equitable, more comparative and it will promote job growth and promote innovation. last i think this, on the comeback america initiative, preemptive framework, there's an additional $500 billion for critical investments over the next two years in order to help the economic recovery and to deal with unemployment. nonetheless, the net spending reductions over the next 10 years are over 3 trillion. so, yes, we need to do some things to make sure we recover and get unemployment down but if we don't end up putting our finances in or
Search Results 0 to 5 of about 6